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6th Math Mod 18

Personal Financial Literacy

TermDefinition
checking account an account at a financial institution that allows for withdrawals and deposits
credit card a plastic card issued by a financial company allowing a customer to buy goods or services on credit
credit history information about how a consumer has borrowed and repaid debt
credit report a report containing detailed information on a person's credit history
credit score a number based on information in a consumer's credit report that measures an individual's creditworthiness
debit card an electronic card issued by a bank that allows a customer to access their account ot withdraw cash or pay for goods and services
grant money awarded to students that does not need to be repaid
scholarships a monetary award to a student to support their education
work-study programs program in which students are able to work at jobs on campus to make money to pay their college tuition
income any money earned by employment or investment
Created by: ashaver
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